As one of the important revenue generating industries in India, pharmaceutical Industry
is steadily transforming with a mix of both advanced knowledge and innovation to further standardize the industry with respect to the international standard. One note-worthy attention in the pharmaceutical industry has been the significant leap being taken over the past few decades with the advent of the Pharma Contract Manufacturing Industry in India. This growth can be attributed to the cost-effective pharma contract manufacturing centres in India. These Contract Manufacturers are proving to be a vital entity for the pharmaceutical companies having a tough time with the manufacturing process of the drugs; outsourcing drug production with contract manufacturers can ensure the stated profits at very reasonable prices. The Indian Pharma Contract Manufacturing market is currently in the midst of a big churn. Clients are facing an inf lux of cheap and low quality medicines from various quarters, which is denting the pricing power leading to temporary volatility in the medicine market.